68 Lannon Avenue NE Atlanta, GA 30317

Listing agency Rhenium Capital

Listed by Andre Cuadrado · License #FL BK3287912

Source Crexi

Added: Apr 11 Updated: Jul 22 at 11:32AM Checked: Jul 22 at 11:32AM

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Investment Insights

Based on property information with market context.

This offering is a non-performing land loan that was originally originated as a single-family residential (SFR) rehab. The borrower has demolished the improvements, and the asset is being marketed as part of a 30-loan pool.

According to the loan pool description, 10 of the loans are located in the Atlanta, GA MSA and total $1.38M in UPB. Investors may bid on any combination of the loans, rather than being required to take the full pool.

The entire loan pool offering is available through the listing link provided in the remarks.

Key Highlights

• Non‑performing land loan originated as an SFR rehab
• UPB is $320,049; borrower has demolished the improvements
• Asset is part of a 30‑loan pool offering

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FAQs

What type of property is this?

Specialty property - Non-performing land loan originated as an SFR rehab, with the borrower having demolished the improvements.

Where is this specialty property located?

The property is located at 68 Lannon Avenue NE Atlanta, GA.

What are key features of this property?

This property features: Non‑performing land loan originated as an SFR rehab; UPB is $320,049; borrower has demolished the improvements; Asset is part of a 30‑loan pool offering